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Lakewood Club, MI vs Williamston, MI

85
Lakewood Club
Michigan
VS
+6.7%
80
Williamston
Michigan

Williamston is moderately more affordable than Lakewood Club, with a 6.7% lower cost of living index. Lakewood Club scores 85 compared to 80 for Williamston, where the US average is 100. This difference means residents of Lakewood Club can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Lakewood Club is $1,353/month compared to $972/month in Williamston — a 39% difference. Interestingly, home values tell a different story: while Williamston has cheaper rent, Lakewood Club actually has lower median home values ($144,900 vs $215,000).

Median household income in Lakewood Club is $67,277 compared to $73,902 in Williamston (-9%). Williamston offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Lakewood Club spend roughly 24.1% of their income on rent, more than the 15.8% in Williamston.

Income & Cost

Cost of Living Index
Lakewood Club
85
Williamston
80
6% cheaper
Median Household Income
Lakewood Club
$67,277
Williamston
$73,902
9% higher

Housing

Median Rent
Lakewood Club
$1,353
Williamston
$972
28% cheaper
Median Home Value
Lakewood Club
$144,900
33% cheaper
Williamston
$215,000
Population
Lakewood Club
1,315
Williamston
3,800

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Lakewood Club $2.88
Williamston $2.88
US $3.07
🥚
Eggs (grade A, large)
Lakewood Club $2.35
Williamston $2.35
US $2.50
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Milk (whole)
Lakewood Club $3.79
Williamston $3.79
US $4.03
🍞
Bread (white)
Lakewood Club $1.74
Williamston $1.74
US $1.85
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Chicken breast
Lakewood Club $3.90
Williamston $3.90
US $4.14
Electricity
Lakewood Club $0.17
Williamston $0.18
US $0.19